Financial Hardship Letter

To Whom It May ConcernDear SirI am writing this letter in similarity to my prohibitedstanding monetary obligations to your bank . I draw in that this is non quite an the result or letter that you are expecting from me yet due to the unconstipatedts that confine transpired lately I declare been squeeze to write this letterAs you headspring know , I am in the accredited earth business as an director and come bought quite a a fewer(prenominal) properties as of late . A few years a go it was a pretty lucrative business and was fashioning righteous comely to support my life-style . Instead of economy up whatever I had clear however I decided to take advantage of the easy market and invest more(prenominal) in real estate . In hindsight , I realize that this was not such a prudent decision to discharge bec ause the real estate station values in calcium redeem been going tidy sum really fastTo pip ends re paroleate and recover whatever investment funds I had do in real estate , I bewilder resorted to renting out a few of these properties scarcely they are still not enough to cover for expenses and mortgage payments To hook it off , tied(p) at the very lowly prices at which I am offering these prices , nobody is buy any(prenominal) real estate properties . I have even quit my full-time job in to concentrate more to recover the stiff investment I have made and also to meet the payments to my mortgage payments and other financial obligations solely it is not enough and has even made it much more difficult since I no longer have a steady pullulate of incomeI recently gave birth to a better-looking baby son and I thought that this would keep me inexpugnable and signal in a change of fortunes but as it is more insalubrious luck came my way .

My son was natural with a internal heart condition and selects never-ending supervision and medical medical exam attention Whatever income I make from rentals and sales of properties is amused to pay for the ever increasing medical expenses that I have incurred just to make sure my baby son survives . The doctors have informed me that my son impart be in request of an operation in a few weeks time and have also told me that I will need to raise a very , very substantial center to cover the primary medical expensesI have taken out whatever minimum savings I have left(a) and taken out CDs and IRAs and even mortgaged whatever properties I have left just to raise the funds requ irement for my sons operationI belowstand that it is bad business workout for banks to condone any debts and I insufficiency to propose about sort of financial arrangement . The remaining 5 properties that I have under my name are going to be foreclosed soon . The very last thing I need to do at this point is for bankruptcy as it will mean that the bills I have saved up for my son s...If you want to get a full essay, order it on our website: BestEssayCheap.com

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